Government to cut wage bill

archived    |    07 Aug 22

Government will start retrenching thousands of civil servants next year as part of a grand strategy to reduce the ever ballooning salary bill that has threatened capital projects, Finance Minister Patrick Chinamasa has said. He made the remarks while responding to Parliamentary Portfolio Committees that presented their post-budget analysis reports in the National Assembly last night. This also comes against the backdrop of Minister Chinamasa presenting a $4,1 billion 2015 National Budget of which $3,32 billion (81 percent) would go towards employment costs with the remaining $798 million to cater for operations, debt servicing and capital development programmes.